Ray J Consulting Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 07222913

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2016

FOR

RAY J CONSULTING LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

I Kaderbhoy

SECRETARY:

REGISTERED OFFICE:

10 Rosemead

Little Heath

Potters Bar

Hertfordshire

EN6 1JP

REGISTERED NUMBER:

07222913

ACCOUNTANTS:

Amchins

Chartered Accountants

Amchins Limited

23 Northiam

Woodside Park

London

N12 7ET

FIXED ASSETS

Tangible assets

2

5,526

6,477

CURRENT ASSETS

Debtors

19,447

11,347

Cash at bank

33,081

48,362

52,528

59,709

CREDITORS

Amounts falling due within one year

(14,635

)

(7,756

)

NET CURRENT ASSETS

37,893

51,953

TOTAL ASSETS LESS CURRENT
LIABILITIES

43,419

58,430

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

43,418

58,429

SHAREHOLDERS' FUNDS

43,419

58,430

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 30 November 2016 and were signed by:

I Kaderbhoy - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

18,444

Additions

571

At 31 March 2016

19,015

DEPRECIATION

At 1 April 2015

11,967

Charge for year

1,522

At 31 March 2016

13,489

NET BOOK VALUE

At 31 March 2016

5,526

At 31 March 2015

6,477

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

1

Ordinary

£1

1

4.	ULTIMATE CONTROLLING PARTY

The controlling party is I Kaderbhoy.